The firm is working with Blue Ocean ATS, MOON ATS, and OTC Overnight.
Wedbush Securities, a brokerage and investment advisor firm, reports that it has launched 24-hour trading capabilities that clients are using to access markets around the clock, particularly those operating in Asia-Pacific time zones, officials say.
Wedbush offers market access across overnight, pre-market, core, and post-market sessions via partnerships with Blue Ocean Technologies and OTC Markets Group, officials say.
“Wedbush’s expanded after-hours trading melds in Blue Ocean ATS, MOON ATS, and OTC Overnight, which are three distinct alternative trading systems that enable overnight trading during Asia-Pacific hours,” officials say. “Blue Ocean ATS and MOON ATS support U.S.-listed securities, while OTC Overnight provides access to OTC [over-the-counter] equity trading during the same extended window. Together, these platforms provide clients with comprehensive market coverage from 8:00 PM to 4:00 AM Eastern Time.” The platforms offer both high- and low-touch routing options.
“By partnering with Blue Ocean and OTC Markets, we are already bridging the gap across time zones to offer continuous liquidity and execution support. This initiative reflects our focus on delivering flexible, client-driven solutions that empower investors around the clock,” says Burke Dempsey, executive vice president, head of Investment Banking and capital markets at Wedbush, in a prepared statement.
Wedbush supports execution and clearing in more than 25 foreign markets and works with major alliance partners such as Maybank Investment Bank, Velocity Trade, Hana Securities, Trigon, Okasan Securities Group, and Yuanta Securities, officials say. Wedbush’s 24/7 execution capabilities follow a recent announcement of support for clearing equities traded on leading overnight ATSs, including Blue Ocean and MOON.
Wedbush Securities, the largest subsidiary of Wedbush Financial Services, offers securities brokerage, clearing, wealth management, and investment banking services. The firm is based in Los Angeles with 100 registered offices and nearly 900 colleagues.
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